Bill to curb epidemic of sidewalk sheds finally advances
Mayor, industry don't like sheds—but they like the proposed cure even less
By Aaron Elstein
Since August 2008, the front of the Department of Buildings' headquarters in lower Manhattan has been covered by a sidewalk shed. The unsightly steel-and-wood structure outside 280 Broadway stood because for years the city had set aside no money to pay to fix the crumbling facade.
"Thankfully, work has commenced as of a few months ago," Patrick Wehle, an assistant buildings commissioner, said at a City Council hearing last week. But the point had been made: Because it's much costlier to fix a façade than...
Great article in Brownstoner with important information for landlords and tenants.
125 Court Street, where the developer was found to have overcharged rent-stabilized tenants. Photo by Fleur Losfeld
Apr 29, 2016 • 10:00am by Barbara Eldredge
Rent-stabilized apartments: If you’re a renter, you probably want one. If you’re a landlord or developer, you probably don’t. With the city and state starting toramp up their enforcement of rent regulation, it’s time to get clear on exactly what it means to have a rent-stabilized home. And how to find out if your landlord’s been overcharging you.
A quick definition:
Living in a rent-stabilized apartment means occu...
Report: Residential Growing Pains Are Straining Downtown Brooklyn’s Infrastructure
by Hannah Frishberg
Photo by Mary Hautman
Downtown Brooklyn’s recent residential explosion — while bringing activity and economic growth to the area — wasn’t the intended result of the nabe’s 2004 rezoning. Measures that were meant to turn the area into an office mecca are instead transforming it into a land of luxe condos and rentals.
With a new report released this week, Borough President Eric Adams addresses the neighborhood’s unanticipated needs and what the city can do to for its infrastructure and mixed-use future.
In his report — “A Decade Later in Downtown Brookl...
On Monday, June 29, 2015 the New York City Rent Guidelines voted to secure rent on all lease renewals for tenants living in a rent-stabilized apartment beginning on October 1, 2015. Rent-stabilized tenants should only see a maximum 2% increase on two-year lease renewals, which provides meaningful rent security, and a 0% increase on one-year lease renewals.
For the 1.2 million New Yorkers who live in a rent-stabilized apartment, this is what the Rent Guidelines Board vote means for you:
If you sign a one-year renewal on your lease between 10/1/2015 and 9/30/2016, your rent should not increase.
If you sign a two-year renewal on your lease betwe...